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Rental Market Trends in Spokane Valley, WA

What is the average rent in Spokane Valley, WA?

$1,310/month

Average Rent

739 Sq Ft

Average Apartment Size

+0.8%

Increase in the Last Year

As of June 2025, the average rent in Spokane Valley, WA is $1,310 per month. This is 20% lower than the national average rent of $1,628/month, making renting in Spokane Valley more affordable than most cities in the US. When you rent an apartment in Spokane Valley, you can expect to pay about $1,303 per month for a studio, $1,310 for a one-bedroom apartment, and around $1,472 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,890 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,303/month
591 Sq Ft
One Bedroom
$1,310/month
739 Sq Ft
Two Bedroom
$1,472/month
987 Sq Ft
Three Bedroom
$1,890/month
1,310 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,585/month
964 Sq Ft
Three Bedroom
$2,197/month
1,461 Sq Ft
Four Bedroom
$3,499/month
2,618 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,821/month
1,203 Sq Ft
Three Bedroom
$2,098/month
1,544 Sq Ft

How much has average rent changed in Spokane Valley, WA?

In the past year, rent has increased by 0.8%, which averages out to $11 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Spokane Valley, WA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Spokane Valley, WA
Percentage*
Rent Range
1% Below $700/month
8% $700 - $1,000/month
51% $1,001 - $1,500/month
32% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Spokane Valley?

Based on current rent prices, Eastwood, Dishman Hills and Opportunity are the most affordable neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Eastwood
$1,166/month
577 Sq Ft
Dishman Hills
$1,193/month
624 Sq Ft
Opportunity
$1,375/month
689 Sq Ft
Shelley Lake
$1,456/month
793 Sq Ft
Veradale
$1,477/month
773 Sq Ft
Mirabeau
$1,494/month
680 Sq Ft
Greenacres
$2,089/month
745 Sq Ft
Spokane Business & Industrial Park
$2,267/month
719 Sq Ft

What are the most expensive neighborhoods in Spokane Valley?

Based on current rent prices, Spokane Business & Industrial Park, Greenacres and Mirabeau are the most expensive neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Spokane Business & Industrial Park
$2,267/month
719 Sq Ft
Greenacres
$2,089/month
745 Sq Ft
Mirabeau
$1,494/month
680 Sq Ft
Veradale
$1,477/month
773 Sq Ft
Shelley Lake
$1,456/month
793 Sq Ft
Opportunity
$1,375/month
689 Sq Ft
Dishman Hills
$1,193/month
624 Sq Ft
Eastwood
$1,166/month
577 Sq Ft

Which Spokane Valley neighborhoods have the most rentals available?

The neighborhoods in Spokane Valley with the most apartments available are Greenacres, Veradale and Spokane Business & Industrial Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenacres
$2,089/month
745 Sq Ft
Veradale
$1,477/month
773 Sq Ft
Spokane Business & Industrial Park
$2,267/month
719 Sq Ft
Opportunity
$1,375/month
689 Sq Ft
Dishman Hills
$1,193/month
624 Sq Ft
Mirabeau
$1,494/month
680 Sq Ft
Eastwood
$1,166/month
577 Sq Ft
Shelley Lake
$1,456/month
793 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Spokane Valley, WA?

Because the average rent in Spokane Valley is $1,310, you’ll want to make about $4,366 per month or $52,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Spokane Valley, WA

1,387 Available Apartments for Rent

Search for Nearby Apartments

How does Spokane Valley, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Spokane Valley, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Spokane Valley, WA

Apartment Averages

Eastwood

Spokane Valley, WA

Spokane Business & Industrial Park

Spokane Valley, WA

Studio
-
-
One Bedroom
-
$1,191/month
Two Bedroom
-
$1,371/month
Three Bedroom
-
$1,620/month
Search
Search

Nearby City Rent Trends

  • Veradale Average Rent
  • Spokane Average Rent
  • Post Falls Average Rent

Apartment communities in Spokane Valley we think you'll love

The Quarry

The Quarry

16609 E Desmet Ct,
Spokane Valley, WA 99216

1-3 Beds | $1,440 - $2,000

Pine Valley Ranch

Pine Valley Ranch

3711 S Highway 27,
Spokane, WA 99206

1-3 Beds | $1,567 - $4,127

Arborview on the River

Arborview on the River

10807 E Empire Ave,
Spokane Valley, WA 99206

2 Beds | $1,955 - $1,995

The Reserve at Shelley Lake

The Reserve at Shelley Lake

215 S Conklin Rd,
Spokane Valley, WA 99037

1-3 Beds | $1,450 - $2,440

Property Management Companies in Spokane Valley, WA

Avenue5 Residential
Avenue5 Residential
  • 510

    Communities

  • 114,489

    Units

  • 198

    Cities

11 Communities in Spokane Valley
Black Realty Management, Inc.
Black Realty Management, Inc.
  • 38

    Communities

  • 3,174

    Units

  • 6

    Cities

10 Communities in Spokane Valley
Greystar
Greystar
  • 3,264

    Communities

  • 907,673

    Units

  • 844

    Cities

6 Communities in Spokane Valley
Prodigy Property Management
Prodigy Property Management
  • 42

    Communities

  • 5,080

    Units

  • 12

    Cities

6 Communities in Spokane Valley
McCathren Management
McCathren Management
  • 23

    Communities

  • 2,440

    Units

  • 8

    Cities

6 Communities in Spokane Valley
Rudeen Development, LLC
Rudeen Development, LLC
  • 18

    Communities

  • 3,541

    Units

  • 6

    Cities

6 Communities in Spokane Valley
Greenstone
Greenstone
  • 10

    Communities

  • 1,463

    Units

  • 3

    Cities

4 Communities in Spokane Valley
DGE Investments
DGE Investments
  • 43

    Communities

  • 7,741

    Units

  • 17

    Cities

2 Communities in Spokane Valley

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United States Washington Spokane Valley Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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